Effective January 1, 2014
Exhibit 10.77
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Effective January 1, 2014 |
Xxxxxxx XxXxxx
[address]
Dear Xx. XxXxxx:
This will confirm our agreement to amend your employment agreement with Crown Media Holdings, Inc. (“Crown”) dated January 1, 2012 (the “Agreement”), as follows:
1. Your new title will be “Executive Vice President, Marketing, Creative and Communications.”
2. The term of the Agreement and your employment by Crown as set forth in Paragraph 2 of the Agreement is extended until December 31, 2015, unless otherwise terminated in accordance with the terms of the Agreement.
3. Your base salary as set forth in Paragraph 3 of the Agreement will increase to Three Hundred Thirty Five Thousand Dollars ($335,000.00) effective March 1, 2014.
Except as amended herein, all other terms of the Agreement will remain in full force and effect.
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Very truly yours, | |
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Crown Media Holdings, Inc. | |
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By: |
/s/ Xxxxxxx Xxxxxx |
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Name: Xxxxxxx Xxxxxx |
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Title: President and Chief Executive Officer |
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Agreed and Accepted: |
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/s/ Xxxxxxx XxXxxx |
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Xxxxxxx XxXxxx |
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